Nedbank Group has announced the resignation of its group chief information officer, Ray Naicker.
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Canal+ CEO Maxime Saada has acknowledged that Showmax has been a significant drag on MultiChoice’s financial performance.
Canal+ says its MultiChoice acquisition will unlock multibillion-rand cost synergies as it targets scale across Africa.
Cloud inertia in government could stall digital reform and leave South Africa behind in the AI era, Microsoft has said.
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Twitter has revealed it may have used some people’s personal data to target them with advertising without their permission because of issues within the platform’s settings.
Helios Towers, one of sub-Saharan Africa’s largest mobile phone tower operators, is reviving plans for an initial public offering, people familiar with the matter have said.
Vivendi is in talks to sell 10% of Universal Music Group to China’s Tencent, helping the world’s biggest music company expand in fast-growing Asian markets. Vivendi shares rose as much as 9%.
Eskom urgently needs a plan to turn profitable or South Africa’s state-owned utility will collapse under mounting debt, according to credit agency Moody’s Investors Service.
National treasury has proposed changes that will reintroduce a limit to the tax benefit for taxpayers investing in venture capital companies.
South Africa’s biggest business lobby criticised the government’s handling of the crisis at power utility Eskom and said it was unrealistic in its approach to the country’s growing debt burden.
World News
United Arab Emirates telecommunications firm Etisalat said on Monday that it has raised €3,15bn to fund the acquisition of French media giant Vivendi’s 53% stake in Morocco’s main provider, Maroc Telecom. The funds were raised with a group of 17 international, regional and local banks in the UAE. “Financing consists of
On the streets of Lagos and across God-fearing southern Nigeria, it’s not uncommon to see people with a leather-bound Bible in one hand and a mobile phone in the other. But the Good Book’s days could be numbered – in printed form at least – if 25-year-old Kayode Sowole’s idea takes off. The computer science student
One day, everything will be data. Voice will not exist as a separate service needing different technology. The transition in developed countries has been relatively slow. However, at the international level, large amounts of calls now move through Internet protocol and multiprotocol label switching-based networks. Every year, consumer software
South African-headquartered technology services group Dimension Data has upped in presence in West Africa by opening an office in Ghana. The group has been operating in the West African market for the past decade, with an operation in Nigeria, it said. In addition
